You receive an inheritance of half a million dollars today and will also receive a million...
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You receive an inheritance of half a million dollars today and will also receive a million dollars from an investment in exactly 2 years' time. If you decide to spend $373,000 now but save the remainder at 11.5% p.a. compounded daily, how much will you have in year 2? O $1.294,527.79 O $1.159,836.41 O $1.023,396.58 O $1.363,592.62 You receive an inheritance of half a million dollars today and will also receive a million dollars from an investment in exactly 2 years' time. If you decide to spend $373,000 now but save the remainder at 11.5% p.a. compounded daily, how much will you have in year 2? O $1.294,527.79 O $1.159,836.41 O $1.023,396.58 O $1.363,592.62
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